This is the simplest and one of the cheapest forms of life insurance (compared to whole-of-life insurance). A term life policy gives your dependants a lump sum if you die during the term of the policy. For example, you might take out a policy on your own life for €100,000 over 10 years.
This means if you die within 10 years, the policy pays out €100,000 to your dependants, once someone can give proof of your death. If you don't die within the term of the policy, no benefit is paid out and the policy ends. The main benefits of Term Life Protection Insurance are:
This means if you die within 10 years, the policy pays out €100,000 to your dependants, once someone can give proof of your death. If you don't die within the term of the policy, no benefit is paid out and the policy ends. The main benefits of Term Life Protection Insurance are:
Term Life Insurance- Family Protection
• Provides low cost life cover for a fixed term.
• Policies have a range of options allowing the policy to be tailored to your requirements.
• Benefits can be written in trust to speed payout and avoid Inheritance Tax on the benefits.
• In many cases extra cover may be added in the event of special circumstances (childbirth/housemoves etc.).
• Benefits may be renewable for a further term without medical evidence.
Sum assured may be "convertible" to a different policy type without further medical evidence.
• Benefits may include Serious/Critical Illness cover.
• Benefits may include Terminal Illness cover.
• Plans can be arranged to have the insurance company pay the premiums in the event of accident or illness preventing work.
• Policies have a range of options allowing the policy to be tailored to your requirements.
• Benefits can be written in trust to speed payout and avoid Inheritance Tax on the benefits.
• In many cases extra cover may be added in the event of special circumstances (childbirth/housemoves etc.).
• Benefits may be renewable for a further term without medical evidence.
Sum assured may be "convertible" to a different policy type without further medical evidence.
• Benefits may include Serious/Critical Illness cover.
• Benefits may include Terminal Illness cover.
• Plans can be arranged to have the insurance company pay the premiums in the event of accident or illness preventing work.
To find out more about Term Life Insurance Plans please click
Life Cover Claims 2008
Life Cover Claims Map
Childrens Claims 2008
Serious Illness Claims 2008
Curragrove Financial Services T/A Low Cost Life Insurance is regulated by the Financial Regulator and is registered in Ireland under company number 418865. Registered office at No.1 Clare Road, Ennis, Co.Clare. Directors A.Curran & O.Cosgrove.This web site is designed to offer an overview on the wide range of financial services offered by our company. It is for information only and does not constitute financial or other professional advice in any way. We recommend that you speak with us before you make a decision to buy any financial product.